The paper 'National Risk Register for Belgium' is a great example of a Management Term Paper. Belgium is a country in Western Europe with a population of 11 million people inhabited by mainly Flemish and Dutch-speaking communities and occupies 30,528 km2 of the landmass. Temperatures range between 30C and 180C. However, the country faces a number of environmental problems due to its location, industrialization, and high population density. Over 97 percent of the population is urban with Flanders being densely populated. Life expectancy is 79.65years with deaths caused mainly by respiratory disorders and vascular and heart disorders.
This paper analyzes, using a risk register, ten risks associated with Belgium. These risks are; high public debt, traffic congestion, heatwave, terrorism, marine pollution, industrial explosions and fires, Schmallenberg virus epidemic, nuclear phase-out, train crash, and gales and storms. 1.1 Overview of the Hazards and vulnerabilities in Belgium1.1.1 Marine pollutionThe coast of Belgium is adjacent to the busiest shipping route globally, the Strait of Dover. There is a lot of traffic from the port of Ostend, Zeebrugge, and Antwerp which flow in and out of the Belgian territorial sea.
With narrow shipping lanes, the intense traffic causes serious pollution risks mainly from potential collisions. For example, the collisions between two vessels ‘ Tricolor’ , a car carrier, and ‘ Vicky’ , an oil tanker from Turkey caused major spills in 2000. Faure (2006, p. 121) observes that a lot of illegal operational discharges are taking place within the Belgian territory with more than five hundred cases of oil residue contaminations reported. While it may be possible to have the discharges illegal or accidentally pouring into the sea, the risk of this pollution is huge.
For about eight to twelve hours, oil spill floats on water from which illegal discharges takes only twenty minutes. In 1993, Belgian public debt stood at 135 percent but reduced in 2007 (84%) then increased again to 97 percent in 2010 (Aneja, et al. 2011). The primary spending on the part of government has been lower than its total revenues for the years between 1985 and 2008.
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